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    5919 Cedros Avenue

    Sherman Oaks, CA 91411
    • $899,000
    • STATUS: Active
    • ON SITE: 77 days
    • ID#: SR20134087
    UPDATED: 71 min ago
    $899,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,835
      SQFT
    • $490
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Welcome to this charming duplex in north Sherman Oaks. The property is located on a nice tree lined street surrounded by small units and single family homes in the immediate neighborhood. Each unit consists of two bedrooms and a bathroom. Both units were totally remodeled on the inside in 2013 with brand new interior paint, cabinetry, counter tops and appliances in the kitchen. The bath rooms were updated. The wood floors were refinished and new vinyl flooring was installed in the kitchen, bath and laundry room. There are new windows all around and each unit has central air and heat. The composition roof is in good shape. There is a detached two car garage that belongs to one unit plus 2 exterior parking spaces outside the garage. The second tenants also park in the spacious rear yard outside the garage area. The front unit has a beautiful landscaped yard with high hedges for privacy. The tenants are each on month to month leases with below market rent. The large lot allows for an additional unit to be built on the property, buyer to verify. The rent has not been raised due to Covid 19, so each unit is due for a rent increase when city laws allow. Both tenants have paid the rent on time. This is a well kept property in a great neighborhood that is priced to sell as a great investment property or as an owner user where the buyer could reside in one unit and collect income from the other rental unit.

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    Based on information from CRISNet MLS as of 2020-09-29T15:56:19.857. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-29T15:56:19.857. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/107822187
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    5919 Cedros Avenue Sherman Oaks, CA 91411

    • Price: $899,000
    • Status: Active
    • Updated: 71 min ago
    • ID#: SR20134087
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,835
    SQFT
    $490
    $/SQFT
    1958
    Built
    Neighborhood:
    So - Sherman Oaks
    County:
    Los Angeles
    Area:
    So - Sherman Oaks
    Property Description
    Welcome to this charming duplex in north Sherman Oaks. The property is located on a nice tree lined street surrounded by small units and single family homes in the immediate neighborhood. Each unit consists of two bedrooms and a bathroom. Both units were totally remodeled on the inside in 2013 with brand new interior paint, cabinetry, counter tops and appliances in the kitchen. The bath rooms were updated. The wood floors were refinished and new vinyl flooring was installed in the kitchen, bath and laundry room. There are new windows all around and each unit has central air and heat. The composition roof is in good shape. There is a detached two car garage that belongs to one unit plus 2 exterior parking spaces outside the garage. The second tenants also park in the spacious rear yard outside the garage area. The front unit has a beautiful landscaped yard with high hedges for privacy. The tenants are each on month to month leases with below market rent. The large lot allows for an additional unit to be built on the property, buyer to verify. The rent has not been raised due to Covid 19, so each unit is due for a rent increase when city laws allow. Both tenants have paid the rent on time. This is a well kept property in a great neighborhood that is priced to sell as a great investment property or as an owner user where the buyer could reside in one unit and collect income from the other rental unit.
    Exterior Features

    Architectural Style Traditional Fence YN Yes Fencing BlockWrought Iron Levels One Lot Features Level With StreetLot 6500-9999Rectangular LotLevel Lot Size Area 6805.0000 Number Of Rented Garages 0 Parking Total 5.00 Roof Composition Uncovered Spaces 3.00 View None View YN No

    Interior Features

    Appliances Built-In RangeDishwasherDisposalGas OvenGas RangeRange HoodRefrigeratorWater Heater Appliances YN Yes Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring VinylWood Heating Central Heating YN Yes Interior Features Recessed LightingTile Counters Laundry Features Gas Dryer HookupIndividual RoomWasher Hookup Laundry YN Yes Room Type KitchenLaundryLiving Room Window Features BlindsDouble Pane Windows

    Property Features

    Accessibility Features None Additional Parcels YN No Community Features CurbsGuttersSidewalks Electric Expense 0.00 Fuel Expense 0.00 Garage Income 0.00 Gardener Expense 1080.00 Gross Income 46164.00 Gross Multiplier 19.47 Gross Operating Income 46164.00 Gross Scheduled Income 46164.00 Insurance Expense 1989.00 Land Lease YN No Laundry Income 0.00 Maintenance Expense 200.00 Net Operating Income 30365.00 New Construction YN No New Taxes Expense 10557.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 15799.00 Pest Control Expense 468.00 Pool Features None Pool Private YN No Property Attached YN Yes Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Spa Features None Spa YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 15799.00 Trash Expense 0.00 Utilities Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedWater Connected Water Sewer Expense 1369.00 Water Source Public Zoning Lard2

    Listing provided courtesy of Daniel Drantch, CA DRE# 00900188, of Rodeo Realty.


    Based on information from CRISNet MLS as of 2020-09-29T15:56:19.857. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-29T15:56:19.857. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    27720 Dickason Drive
    Valencia CA, 91355